I tried to do some research into FreeFire Technology Limited. Not good.
Firstly, they are NOT an investment house. They are a wholesaler of electrical gear. This sounds like a coined up HK national has contacted one of the brokers involved in the last GOA deal (or even somehow related to LionGold) and asked where he can throw some coin into gold.
Basically, this bloke probably doesn't have the nous to run proper DD into the company. He's simply got a couple of mil to invest and decided to throw it into a struggling jnr goldie.
So I ask: what incentive does this guy have not to flog the 25m shares he's just purchased? Answer: none. Zero.
As soon as any strength is built into 3c, this guy will sell.
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I tried to do some research into FreeFire Technology Limited....
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